REI Lense

REI Lense

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$1,600 (target)

1119 W 49th Street, Savannah, GA 31405

3 beds • 2 baths • 1308 sqft

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This property looks like a bad Long-Term investment with a projected -4.97% first-year return on $43,470 initial cash invested.

-4.97%

Cash On Cash

5.7%

Cap Rate

0.91

DSCR

$1,600

Rent

-$180

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,600 income − $1,780 expenses = $180 out of pocket

Income$1,600Out of Pocket$180Mortgage P&I$1,08368%Property Taxes$20913%Insurance$725%Management$16010%CapEx$805%Vacancy$966%Maintenance$805%

Investment Breakdown

|

Purchase Price

$207k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$43,470

Downpayment

20%

$41,400

Closing costs

1%

$2,070

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,600

Total Expenses

$1,780

Mortgage P&I

68%

$1,083

Property Taxes

13%

$209

Home Insurance

5%

$72

HOA

0%

$0

Property Management

10%

$160

CapEx

5%

$80

Vacancy

6%

$96

Maintenance

5%

$80

Other

0%

$0

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